Comments on: Dollar Sees it’s Days Numbered, Ron Paul last Chance

By: Jacob Himes

Jacob Himes — Sat, 10 May 2008 08:26:23 +0000

Let’s be realistic here. The dollar is not going to be backed by metals anymore. Our dollar and our credit is backed by the promise of continued progress. Our economy is a consumer driven one. The problem is that our (whites)businesses reap the benifits of our (blues)workers to a much larger extent than is needed. The bussiness leaders need to take less if they want to sustain their wealth. If they don’t then the money they have will be worthless once the workers lose interest in working for nothing. I mean really, where do you think this stimulus money is coming from. The top 2% is starting to realize that they took to much from the bottom 98% already.

By: Ron Holland

Ron Holland — Tue, 11 Dec 2007 19:20:55 +0000

Ron Paul – Could He Really Win?
http://www.ronaldholland.com/presidentronpaul.htm

A two part article on how current economic and foreign policy actions outside the political process could elect Ron Paul as President.

What if at noon on January 20, 2009 Ron Paul is sworn in as the 44th President of the United States? First, how could Ron Paul actually win the GOP nomination? Second, could he beat Hillary Clinton and win the Presidency? Finally, what could a Ron Paul Administration accomplish with the powerful special interests allied against him and his agenda controlling the leadership of the Republican and Democrat parties?

By: Noah Bendele

Noah Bendele — Tue, 11 Dec 2007 00:21:47 +0000

Hey thanks for the post. Just a note:
affect not effect & now not no

You might think that while imports now become super expensive, why would this effect domestic goods since no will stop using the dollar domestically? Well, with such a strong international economy many raw materials imported, and with all the manufacturing now overseas, those products too become really expensive. So domestic products that rely on imported materials and manufactured parts no suffer higher prices. Wages do go up in proportion with this type of inflation, and eventually we’d fall into another depression. So we must buck this trend.

By: Alex Merced

Alex Merced — Mon, 10 Dec 2007 15:20:43 +0000

The Robber Barons occured cause Rockefellar lobbyed to establish the federal reserve, before that things weren’t so bad.

By: GoRonGo

GoRonGo — Mon, 10 Dec 2007 06:08:02 +0000

As a historical note, Nixon took us off the gold standard in order to drive down the value of the dollar and make it easier to pay for the Vietnam War, which, like the current conflict in Iraq, was paid for on credit. Putting us back on to gold now, with the highest national debt ever not just in dollar terms, but also in percentage of GDP, would be disastrous.

That’s true and that’s why Ron Paul wishes to allow a competing gold/silver backed currency to bring some choice into the market. Over time this currency would naturally replace Federal Reserve Notes. He also wishes to end the global military presence and military intervention where it is not directly tied to national security. Y’know like Vietnam, Korea, Bosnia, Iraq, Afghanistan and soon Iran which were all wars that were never legally declared by Congress and were all vaguely defined wars without clearly defined goals.

By: Ash

Ash — Mon, 10 Dec 2007 03:17:52 +0000

I don’t know that I would point to 1870-1914 as a beacon of sound economic policy. The so-called “Gilded Age,” or more accurately, “Robber Baron Era,” where sure, people became enormously wealthy, but most were desperately poor. Additionally, the United States didn’t go on to the gold standard until 1900, prior to which it was silver.

A better period to use might be 1936 to 1971, where we were on the gold standard, and a huge middle class arose, due to a strong social safety net and trade policies that favored American working folks.